Fed Chief – QE Tapering Appropriate This Year The long-awaited | ForexTradingAsia Trade Signals And Analysis

Fed Chief – QE Tapering Appropriate This Year
The long-awaited Jackson Hole Symposium concluded with a positive tone delivered by the chief of the Federal Reserve Jerome Powell. Although he did not announce when a tapering of the central bank’s $120 billion quantitative easing (QE) will take place, Powell was indicating a likelihood that the process may begin before the end of the year.

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